May 16, 2018 at 8:00 AM EDT

CAMARILLO, Calif., May 16, 2018 (GLOBE NEWSWIRE) -- Semtech Corporation (Nasdaq:SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that AcSiP, a designer, manufacturer and solutions provider of Internet of Things (IoT) solutions, has expanded its current IoT System-in-Package (SiP) solutions to leverage Semtech’s LoRa® wireless radio frequency technology (LoRa Technology) and the open LoRaWAN™ standard.

AcSiP releases module integrated with LoRa

AcSiP successfully adopted GPS with LoRa Technology in both variants of its SiP modules, S76G and S78G, which have gained significant customer traction. Providing long-range, low-power and easy to deploy capabilities, the AcSIP modules are ideal for IoT tracking solutions used to monitor assets including cargo and vehicles.

“AcSiP began developing LoRa-based products three-years ago and has successfully developed 11 SiP modules to use Semtech’s LoRa Technology,” said Sam Hsu, Vice President at AcSiP. “We received a significant level of interest with our LoRa-based demonstrations at the LoRa Alliance’s™ 9th All Members Meeting in Suzhou China and decided to continue to develop all LoRa-based products and adopt the open LoRaWAN protocol.”

“AcSiP recognized the benefits and opportunities of expanding its IoT SiP products to utilize Semtech’s LoRa Technology, as more supply chain and asset management companies are looking for long-range, low-power capabilities and solutions for their IoT applications,” said Vivek Mohan, Director of IoT at Semtech’s Wireless and Sensing Products Group. “Semtech’s LoRa Technology has become the technology of choice for building IoT applications and AcSiP should play an important role in making our world a smarter planet.”

About Semtech’s LoRa® Devices and Wireless RF Technology
Semtech’s LoRa devices and wireless RF technology is a widely adopted long-range, low-power solution for IoT that gives telecom companies, IoT application makers and system integrators the feature set necessary to deploy low-cost, interoperable IoT networks, gateways, sensors, module products, and IoT services worldwide. IoT networks based on the LoRaWAN™ specification have been deployed in over 60 countries and Semtech is a founding member of the LoRa Alliance™, the fastest growing IoT Alliance for Low Power Wide Area Networkapplications. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site and join the LoRa Community to access free training as well as an online industry catalog showcasing the products you need for building your ideal IoT application.

About AcSiP
AcSiP focus on developing “Advanced Communication System in Package” technologies and services. Since 2009, we have accumulated lots of experience in wireless communication & various applications. With the knowledge & valuable experience, the Company provides series of wireless connectivity solutions. The products line includes Bluetooth, NFC, Zigbee, WiFi, GPS, 2G, 4G, and the LoRaWAN™ open protocol. For more information, visit www.acsip.com.tw/index.php.

About Semtech
Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.  

Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of historical fact, including statements that use the words “ideal for,” “to develop,” “should,” “designed to,” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors.” Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo and LoRa are registered trademarks or service marks, and LoRaWAN is a trademark or service mark, of Semtech Corporation or its affiliates.

SMTC-P

Ronda Grech
Semtech Corporation
(805) 480-2193
rgrech@semtech.com

A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/e796f5ca-066d-4f22-a582-02313a572285

Source: Semtech Corporation